what are the acccounting standards ?
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Answer / rameshsaravanan
To maintain consistency in accounting of transaction and
preparation of financial statement
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Answer / s. kumar
Accounting Standard is a accounting system and its
maintained by the company as per guidelines of the
institute of chartered accountant of India.
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The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.
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Expand---------SPRT
EXPAND_________TAN
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